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Palma - Marine Engineering Business.
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Ref: Finder 1101
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Area: Palma
Tenure: Leasehold
Term: 10 Yrs Renewable
Rent: € 1,000 per Month
(approx £ 687)
Price: € 650,000
(approx £ 446,568)
Other:
Perkins & other Major Distributorship’s.
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An opportunity to acquire a long established and already successful marine engineering business but with scope to expand much further.
The business benefits from having the 'Perkins', ‘West Becker’ and ‘Beta Marine’ dealership for the whole of the Balearics and an impressive client list ranging from major ferry boat operators to the largest of luxury charter yachts, and down through the spectrum to privately owned cruiser yachts of around 45 feet.
Additionally, the owner has built up a world-wide reputation for the supply of spares for Spanish built Perkins engines - this expertise is unique and cannot be duplicated elsewhere.
The business is based from two separate premises, a spares outlet and a workshop, close to each other in the same road on the outskirts of Palma City. Convenient for the major yacht marinas in Palma but in an area where the rents are very reasonable. Easy access to major routes out of Palma via the via Cintura to the whole of Mallorca.
The workshop is comprehensively equipped to carry out repairs to engines, gearboxes and generators as well as the full range of general marine engineering and repairs.
COMMENT:
The distributorship has been built up over an eighteen year period and is now poised for big things with the potential to expand further in the marine industry (Mallorca is generally acknowledged to be the yachting centre of the Mediterranean) and perhaps equally interesting into the huge Perkins industrial and construction markets.
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